I 595 Express LLC

What I 595 Express LLC does

I 595 Express LLC is a private Florida limited liability company that serves as the concessionaire for the I-595 Express Corridor Improvements Project in Broward County, Florida. The company was formed through a 35-year public-private partnership (P3) agreement signed with the Florida Department of Transportation on March 3, 2009, granting it exclusive responsibility to design, build, finance, operate, and maintain a 10.5-mile toll corridor extending from the I-75/Sawgrass Expressway interchange to just west of the I-595/I-95 interchange.

The company's core offering is the 595 Express Lanes, a set of managed reversible express lanes with electronic toll collection via SunPass transponders. Access is restricted to two-axle vehicles and buses, with trucks explicitly prohibited and no cash transactions accepted. Supporting services include 24-hour Road Rangers roadside assistance and a multi-phase pavement rehabilitation project scheduled from Winter 2025 through Winter 2029. Traffic volume currently exceeds 180,000 vehicles per day, projected to grow beyond 300,000 by 2034.

The business operates on a usage-based revenue model tied directly to toll transactions. I 595 Express LLC is jointly owned by ACS Infrastructure Development, Inc. (a subsidiary of Spanish construction group Actividades de Construccion y Servicios SA) and I 595 Toll Road, LLC (an entity owned by Teachers Insurance and Annuity Association of America). The company serves Broward County commuters, visitors accessing the airport, Port Everglades, beaches and entertainment venues, and South Florida freight and goods movement (within the non-express general purpose lanes), with FDOT as the contractual counterparty governing the concession.

Name

I 595 Express LLC

Legal name

I 595 Express, LLC.

Website

https://i595express.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

I 595 Express LLC is the 35-year public-private partnership concessionaire for the 10.5-mile I-595 Express Corridor in Broward County, Florida, operating managed reversible SunPass-tolled express lanes and roadside services for commuters and freight under an FDOT agreement.

Ownership category

akta.pro rank

Product category

Toll Road Infrastructure & Highway Operations

NAICS

Urban Transit Systems (48511), Bus and Other Motor Vehicle Transit Systems (485113)

SIC

Local & Suburban Transit & Interurban Hwy Passenger Trans (4100), Transportation Services (4700)

akta.pro primary industry

Park-and-Ride / Express Commuter Bus Operators (TLAFAGAF)

akta.pro secondary industry

Lane Closure, Detour & Diversion Operations (Detour Setup, Route Management, Access Management) (TLAJALAK)

Keywords

• Toll road operations
• Express lane management
• Highway concession services
• Electronic toll collection
• Public-private partnership infrastructure

Headquarters

HQ city

Davie

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

1. Electronic Toll Collection: Revenue generated through electronic toll collection on the I-595 Express Lanes. All users are charged a toll and must have a SunPass transponder and an associated pre-paid account. No cash transactions are allowed.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

I 595 Express LLC operates the 10.5-mile I-595 Express Corridor in Broward County, Florida under a 35-year public-private partnership concession with the Florida Department of Transportation. The company collects usage-based electronic tolls on its managed reversible 595 Express Lanes via SunPass transponders, restricts access to two-axle vehicles and buses, and provides Road Rangers 24-hour roadside assistance. It also executes a multi-phase resurfacing project covering I-595 general purpose lanes, the reversible express lanes, and State Road 84.

Product overview

I 595 Express LLC operates a single unified infrastructure offering: the I-595 Express Corridor—a 35-year public-private partnership with the Florida Department of Transportation. The company's portfolio consists of the core I-595 Express Corridor toll road (10.5 miles), the 595 Express Lanes (managed reversible express lanes with SunPass electronic tolling), the I-595 Resurfacing Project (multi-phase pavement rehabilitation project), and Road Rangers (24-hour roadside assistance service). The company is jointly owned by ACS Infrastructure Development, Inc. and I-595 Toll Road, LLC (a TIAA subsidiary).

Differentiator

Problem solved

Functional benefit

Products and services

• I-595 Express Corridor A 10.5-mile toll corridor extending from the I-595/I-75/Sawgrass Expressway interchange to just west of the I-595/I-95 interchange in central Broward County, operated under a 35-year public-private partnership with FDOT. It serves Broward County commuters, visitors, freight, and qualifying commercial vehicles.
• 595 Express Lanes Managed reversible express lanes operating on I-595 with electronic toll collection via SunPass transponders. Only two-axle vehicles and buses are allowed; trucks are prohibited, and all trips must be paid through a SunPass pre-paid account (no cash).
• I-595 Resurfacing Project Multi-phase pavement rehabilitation project covering I-595 general purpose lanes, reversible express lanes, and State Road 84, with an estimated $5M construction cost for Phase 1 of 5, designed to extend the service life of the corridor.
• Road Rangers 24-hour roadside assistance service providing emergency support to drivers on the I-595 corridor, complementing the toll road operation.

Quantifiable outcome

• More than 180,000 vehicles per day currently using I-595, projected to grow to beyond 300,000 vehicles per day by 2034
• +1 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Two partnerships are on record, tiered core.

• Florida Department of Transportation (FDOT)coreStrategic or Co-development Partner · 3 March 2009On March 3, 2009, FDOT signed a public-private partnership (P3) agreement with I 595 Express LLC to serve as the concessionaire to design, build, finance, operate and maintain (D/B/F/O/M) the I-595 corridor improvements project for a long-term commitment of 35 years.
• SunPasscoreTechnology or IntegrationSunPass is the electronic toll collection system used by I 595 Express. All users are charged a toll and must have a SunPass transponder and an associated pre-paid account. No cash transactions are allowed on the 595 Express Lanes.

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• VINCI Highways: VINCI Highways, part of VINCI Concessions, develops and operates toll road and highway infrastructure under long-term concessions worldwide, including in the U.S. Its P3 toll road model with electronic collection is directly comparable to the I-595 Express concession.
• Macquarie Asset Management (Infrastructure): Macquarie Asset Management is one of the largest infrastructure investors globally with significant toll road holdings (e.g., Indiana Toll Road, Dulles Greenway). It competes with the ACS/TIAA consortium for U.S. P3 toll road investments and operates under similar long-term concession economics.
• Abertis: Abertis is one of the world's largest toll road operators, holding long-duration concessions across Europe, the Americas and Asia. Its portfolio of highway concessions, electronic tolling systems and express lane operations makes it a direct peer in business model and asset class.
• Brookfield Infrastructure Partners: Brookfield Infrastructure Partners owns and operates transportation infrastructure including toll roads worldwide. Its long-duration, regulated/contracted cash flow model and scale of institutional capital place it in the same peer universe as the ACS/TIAA consortium behind I 595 Express.
• Globalvia: Globalvia is a Spanish-headquartered toll road and transportation infrastructure concession operator with assets across the Americas and Europe. Its portfolio of highway concessions under P3-style contracts makes it a direct peer in scale and operating model.
• Atlas Arteria (formerly Macquarie Atlas Roads): Atlas Arteria is a toll road concession owner/operator with a major stake in the Dulles Greenway (Virginia) and European assets. Its pure-play toll road exposure and U.S. presence make it a directly comparable listed peer for I 595 Express.
• SH-130 Concession Company: SH-130 Concession Company operates a 41-mile toll road concession south of Austin, Texas under a 50-year P3 agreement with TxDOT. Its U.S. P3 toll road model, electronic-only tolling, and similar corridor-monetization approach make it a directly comparable U.S. peer.
• Itinere: Itinere is a Spanish toll road and infrastructure concession operator with assets in Europe, Latin America and the U.S. Its P3-style highway concessions with electronic toll collection put it in direct peer territory with I 595 Express.
• Cintra (ACS subsidiary): Cintra is the infrastructure subsidiary of ACS Group, the same parent that owns I 595 Express via ACS Infrastructure Development. Cintra operates toll road concessions globally under P3 structures and is the most direct sister-company peer for benchmarking operations, financing, and contract structure.
• Transurban: Transurban is a global toll road operator running long-term P3-style concessions on express lanes and toll roads in the U.S. (e.g., I-95/I-495 in Virginia, I-395 in Virginia, I-77 in North Carolina) and Australia. It is the most directly comparable peer to I 595 Express in terms of business model, electronic tolling, and corridor-style concessions.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/i-595-express-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about I 595 Express LLC